Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Total revenues $ 113,593 $ 81,915 $ 53,064
Cost of Revenues:      
Total Cost of revenue 54,576 43,551 27,266
Gross Profit 59,017 38,364 25,798
Operating expenses:      
Selling, general and administrative expenses 51,878 34,447 24,671
Research and development expenses 10,597 8,540 6,863
Acquisition related expenses 5,135
Total Operating expenses 62,475 48,122 31,534
Loss from operations (3,458) (9,758) (5,736)
Interest income 55 125 262
Interest expense (4,467) (1,373) (173)
Other (expense), net (102) (50) (165)
Net loss before income taxes (7,972) (11,056) (5,812)
Income tax benefit (expense) (1,038) 75
Net loss before non-controlling interest (9,010) (10,981) (5,812)
Non-controlling interest 3 18
Preferred stock dividends (4,599) (1,084)
Net loss attributable to common stockholders $ (13,606) $ (12,047) $ (5,812)
Net loss per share - basic and diluted $ (0.46) $ (0.59) $ (0.34)
Weighted average common shares outstanding - basic and diluted 29,703,000 20,476,000 17,233,000
Products [Member]      
Revenues:      
Total revenues $ 45,651 $ 45,416 $ 36,897
Cost of Revenues:      
Total Cost of revenue 30,219 29,982 22,638
Services [Member]      
Revenues:      
Total revenues 67,942 36,499 16,167
Cost of Revenues:      
Total Cost of revenue $ 24,357 $ 13,569 $ 4,628